Jinke Property Group

Jinke has not set any emissions reduction targets. Jinke aims to achieve carbon neutrality and promote reductions in building emissions. To support this, the company should develop a target that aligns with its 1.5°C pathway and outline when it aims to reach carbon neutrality. This target should cover all of its building activities. Additionally, Jinke should set intermediate targets at gaps of no more than five years to incentivise near-term actions on a longer-term goal. The company should clearly report its base year emissions and any offsetting it intends to use to allow for a complete analysis of its targets and progress against them.

Jinke reports its floor area for its property management activities for 2017-2018 and 2020-2021 and for its construction and property development activities between 2018 and 2021. But does not disclose in-use emissions intensity data or absolute in-use emissions data for the buildings in its portfolio between 2016 and 2021. As a result, it is not possible to provide a meaningful assessment of the company’s past emissions trend or projected future performance. Jinke should disclose its emissions data. It also does not quantify commitments to perform renovations for clients to significantly reduce the emissions intensity of existing buildings.

There is no evidence that Jinke has a low-carbon transition plan. Jinke should establish a time-bound action plan that outlines how it will transition to a low-carbon economy. This should include medium and long-term targets, verifiable and quantifiable key performance indicators and financial commitments. The plan should be informed by scenario analysis to ensure that its ambition is sufficient for a 1.5°C pathway. Oversight of climate change is held at manager/officer level, with responsibility for energy conservation and environmental protection, but no evidence was found to indicate these individuals hold adequate climate expertise.

Jinke has low-carbon business models to improve building energy efficiency at construction, reduce resource consumption and increase recycling rates and improve operational efficiency. However, the details of these business models are not expanded on. The company can improve by developing these further and reporting on their profitability, growth potential and deployment schedule across the different segments of the company’s operations.

Jinke has not set any emissions reduction targets, despite reporting that it aims to assist carbon neutrality and promote reductions in building carbon emissions. The company has not developed a vision of what its business will look like in a low-carbon future beyond small-scale actions.

The company does not have a low-carbon transition plan and there is no evidence it intends to develop one in the near future.

Jinke is investing in sustainable building management systems and technologies, e.g. intelligent lighting, building automation, etc. Jinke aims to improve construction building energy efficiency, reduce consumption and improve operational efficiency, but lacks financial details to support this.

Jinke does not disclose sufficient emissions intensity, absolute emissions or floor area data to analyse its performance to date. It does not report progress against its aims to assist carbon neutrality and promote reductions in building emissions, or the impact of its engagement programs.

Jinke acknowledges climate change, aims to improve energy efficiency through the use of prefabricated buildings and promotes reductions in building emissions. Jinke’s lack of targets, strategy and emissions intensity data all suggest that Jinke is not yet committed to the low-carbon transition.

No evidence was found of Jinke’s commitment to social dialogue or of the categories of stakeholders the company engages with on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.

No evidence was found of the company undertaking low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment by Jinke was found stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found of the company’s action to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks.

No public commitment by the company was found stating its intention to re- and up-skill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company re- and up-skills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if Jinke identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.

No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

No policies or commitments of Jinke related to respect for human rights were found in the public domain. This includes the necessary policies and systems by which the company can ensure respect for basic human rights in its operations and supply chain.

No evidence of the Jinke’s policies or commitments related to key decent work issues were found in the public domain. These issues include the provision of secure, safe and healthy workplaces, where workers are fairly renumerated and have a meaningful say in decision-making.

No policies or commitments of Jinke related to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.